Standard Bank sponsors the World AI Show and World Blockchain Summit in Mauritius

20 Nov 2018

Standard Bank, the largest bank in Africa, is proud to support the Mauritius World AI Show and World Blockchain Summit as Strategic Banking Partner.

The World AI Show and World Blockchain Summit which will take place from 28 to 30 November at Intercontinental Mauritius Resort, is organised by the Government of Mauritius in collaboration with the Economic Development Board and Trescon. The main objective of the Summit is to support Mauritius’ ambition to be an International Financial Centre of global repute and a leading smart city island nation by driving research, investments & developments in emerging sectors, powered by Artificial Intelligence, FinTech & Blockchain networks.

Blockchain forms part of Standard Bank’s strategy and it ties into our vision to drive Africa’s growth. Standard Bank is one of the leading banks pushing innovation in the African financial sector through collaboration across two consortiums, the South African Financial Blockchain Consortium, and the international R3 Consortium to advance Blockchain digital solutions. The Bank is already engaged in a number of initiatives in Blockchain for business trade and is exploring enhancements that Blockchain technology can add to our cross border payment solutions.

Paresh Daya, Blockchain Strategist in the Standard Bank Group will be a keynote speaker and will showcase how powerful technologies like Blockchain can unleash new avenues for growth and revolutionize banking for our valued clients.

Lakshman Bheenick, Chief Executive of Standard Bank Mauritius, said, “We are proud to be the Strategic Banking Partner for the inaugural Summit. By sponsoring the World AI Show and World Blockchain Summit in Mauritius, we support the Bank’s strong commitment and efforts in encouraging Fintech innovation which we believe is key in driving Africa’s economic growth and prosperity.”